Hamilton Insurance Group (HG) financial statements

Financial Services · Insurance - Reinsurance · Market cap $3.6B

Hamilton Insurance Group reported revenue of $2.9B in fiscal 2025, up 21.5% a year over 4 years.

Net income was $840M and the operating margin 28.4%, against 19.7% in 2021.

Revenue and free cash flow

Fiscal years, $ billions.

012320212022202320242025RevenueFree cash flow
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Income statement

Fiscal years, from Hamilton Insurance Group's 10-K filings with the SEC.

Fiscal year20212022202320242025
Revenue$1.3B$1.2B$1.6B$2.3B$2.9B
Selling, general and admin$172M$178M$260M$271M$279M
Operating income$262M-$27M$255M$622M$825M
Interest expense$15M$16M$21M$23M$20M
Pre-tax income$262M-$27M$255M$622M$825M
Income tax$12M$3M-$25M$8M-$15M
Net income$250M-$30M$280M$613M$840M
EPS (diluted)$1.82-$0.95$2.44$3.67$5.55
Diluted shares104M103M106M109M104M
Operating margin19.7%-2.2%16.2%26.7%28.4%
Net margin18.7%-2.4%17.8%26.3%28.9%

Balance sheet

Fiscal years, from Hamilton Insurance Group's 10-K filings with the SEC.

Fiscal year20212022202320242025
Cash and short-term investments$955M$1.1B$795M$996M$1.1B
Receivables—$523M$658M$772M$940M
Goodwill$25M$0$0$0—
Total assets—$5.8B$6.7B$7.8B$9.6B
Total liabilities—$4.2B$4.6B$5.5B$6.7B
Shareholders' equity$1.8B$1.7B$2.0B$2.3B$2.8B
Net debt-$955M-$1.1B-$795M-$996M-$1.1B

Cash flow

Fiscal years, from Hamilton Insurance Group's 10-K filings with the SEC.

Fiscal year20212022202320242025
Operating cash flow$227M$191M$283M$759M$842M
Stock-based compensation$9M$11M$44M$30M$29M
Share buybacks (net)-$7M-$2M-$2M-$150M-$113M
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Questions

What was Hamilton Insurance Group's revenue in 2025?

$2.9B in fiscal 2025, from its 10-K filing.

From Hamilton Insurance Group's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.